Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On January 23, 2009, Gary M. Stuart, a member of the Board of Directors (the "Board") of ACE Limited (the "Company"), informed the Company of his decision not to stand for re-election to the Board at the Company's 2009 Annual General Meeting ("Annual Meeting"). This decision was not the result of any disagreement with the Company. Mr. Stuart is currently a member of the Audit Committee and the Finance and Investment Committee of the Board. He will remain on the Board and a member of the Audit Committee and the Finance and Investment Committee until the Annual Meeting, which is scheduled to occur in May 2009.

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